Find the rate when: principal=Rs8250, = 1100 and time= 5 year
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Step-by-step explanation:
P= Rs 8250
Time = 5 yrs
SI = 1100
R = ?
then ,
By formula,
SI = (PX TXR)/100
110000 = 41250R
R = {41250/110000 } ℅
R = 0.37 %
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